Bitcoin Surges Past $84K, Signaling Potential Breakout

Bitcoin has marked a significant milestone by exceeding $84,000, signaling the potential start of a powerful upward trend. This surge follows a brief dip below $82,500, with prices rebounding strongly. Analysts attribute this rally to Bitcoin’s relative decoupling from traditional assets like gold and US equities, which have experienced notable declines. The formation of a higher low pattern further strengthens the bullish outlook, mirroring historical cycles with similar structures leading to sustained price increases.